India’s industrial production recorded a modest growth of 1.2 per cent in May 2025, according to the latest Quick Estimates released under the revised calendar for the Index of Industrial Production (IIP).
The latest data shows a slight moderation in growth when compared to April 2025, when the IIP had registered an increase of 2.7 per cent. The overall index for May stood at 156.6, up from 154.7 in the corresponding month last year. Sector-wise, the manufacturing segment was the main driver, recording a growth of 2.6 per cent, even as the mining sector saw a marginal contraction of 0.1 per cent. The electricity sector, however, registered a significant decline, contracting by 5.8 per cent.
The detailed figures highlight the resilience of key industry groups within the manufacturing sector. Of the 23 industry groups at the two-digit level of the National Industrial Classification, 13 recorded positive growth. The manufacture of basic metals grew by 6.4 per cent, driven by strong production of items such as MS blooms, billets, ingots, pencil ingots, MS slabs and flat products of alloy steel. The manufacture of machinery and equipment not elsewhere classified rose by 11.8 per cent, supported by healthy output of separators, decanter centrifuges, various types of pumps and stationary internal combustion piston engines for non-automotive uses. The manufacture of other non-metallic mineral products grew by 6.9 per cent, boosted by production of cement, cement clinkers and glassware.
Under the use-based classification, the index for primary goods stood at 157.9, while capital goods recorded a notable jump to 120.1, reflecting a robust growth of 14.1 per cent compared to May 2024. Intermediate goods rose to 168.1 with a growth of 3.5 per cent, while infrastructure and construction goods registered an index of 198.1, translating into a year-on-year growth of 6.3 per cent.
On the consumer front, the scenario appeared mixed. While the index for consumer durables stood at 129.3, it marked a marginal decline of 0.7 per cent over the same period last year. Consumer non-durables slipped further, with the index dropping to 150.3, showing a contraction of 2.4 per cent.
The latest release also included the final revision for April 2025, compiled with a weighted response rate of 93 per cent, while the Quick Estimates for May 2025 were compiled with a response rate of 89.5 per cent.
The Central Statistics Office will now release the Quick Estimates on the 28th of every month, or the next working day if the date happens to be a holiday.
from National https://ift.tt/NLFtexD